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RHYTHM PHARMACEUTICALS, INC. — Director's Dealing 2025
Feb 19, 2025
30849_dirs_2025-02-19_964de801-b6c8-41ec-a528-e2b11ad122b2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RHYTHM PHARMACEUTICALS, INC. (RYTM)
CIK: 0001649904
Period of Report: 2025-02-14
Reporting Person: Smith Hunter C (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-16 | Common Stock | M | 6600 | — | Acquired | 112144 | Direct |
| 2025-02-19 | Common Stock | S | 2215 | $57.22 | Disposed | 109929 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-14 | Restricted Stock Units | $ | A | 41650 | Acquired | Common Stock (41650) | Direct | |
| 2025-02-14 | Stock Options (Right to Buy) | $56.69 | A | 62500 | Acquired | 2035-02-13 | Common Stock (62500) | Direct |
| 2025-02-16 | Restricted Stock Units | $ | M | 6600 | Disposed | Common Stock (6600) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F2: The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 instruction adopted prior to February 27, 2023 solely with the intent to cover withholding taxes in connection with the vesting of certain previously reported restricted stock units.
F3: The restricted stock units vest as to 25% of the total shares on each of February 14, 2026, February 14, 2027, February 14, 2028 and February 14, 2029. The restricted stock units have no expiration date.
F4: The stock options were granted on February 14, 2025. The options vest and become exercisable in 16 substantially equal installments upon the Reporting Person's completion of each three full months of successive service to the Issuer following the grant date.
F5: The restricted stock units vest as to 25% of the total shares on each of February 16, 2025, February 16, 2026, February 16, 2027 and February 16, 2028. The restricted stock units have no expiration date.